The scope of longtermism
David Thorstad (Global Priorities Institute, University of Oxford)
GPI Working Paper No. 6-2021
Longtermism holds roughly that in many decision situations, the best thing we can do is what is best for the long-term future. The scope question for longtermism asks: how large is the class of decision situations for which longtermism holds? Although longtermism was initially developed to describe the situation of cause-neutral philanthropic decisionmaking, it is increasingly suggested that longtermism holds in many or most decision problems that humans face. By contrast, I suggest that the scope of longtermism may be more restricted than commonly supposed. After specifying my target, swamping axiological strong longtermism (swamping ASL), I give two arguments for the rarity thesis that the options needed to vindicate swamping ASL in a given decision problem are rare. I use the rarity thesis to pose two challenges to the scope of longtermism: the area challenge that swamping ASL often fails when we restrict our attention to specific cause areas, and the challenge from option unawareness that swamping ASL may fail when decision problems are modified to incorporate agents’ limited awareness of the options available to them.
Other working papers
Calibration dilemmas in the ethics of distribution – Jacob M. Nebel (University of Southern California) and H. Orri Stefánsson (Stockholm University and Swedish Collegium for Advanced Study)
This paper presents a new kind of problem in the ethics of distribution. The problem takes the form of several “calibration dilemmas,” in which intuitively reasonable aversion to small-stakes inequalities requires leading theories of distribution to recommend intuitively unreasonable aversion to large-stakes inequalities—e.g., inequalities in which half the population would gain an arbitrarily large quantity of well-being or resources…
Dynamic public good provision under time preference heterogeneity – Philip Trammell (Global Priorities Institute and Department of Economics, University of Oxford)
I explore the implications of time preference heterogeneity for the private funding of public goods. The assumption that players use a common discount rate is knife-edge: relaxing it yields substantially different equilibria, for two reasons. First, time preference heterogeneity motivates intertemporal polarization, analogous to the polarization seen in a static public good game. In the simplest settings, more patient players spend nothing early in time and less patient players spending nothing later. Second…
Economic growth under transformative AI – Philip Trammell (Global Priorities Institute, Oxford University) and Anton Korinek (University of Virginia)
Industrialized countries have long seen relatively stable growth in output per capita and a stable labor share. AI may be transformative, in the sense that it may break one or both of these stylized facts. This review outlines the ways this may happen by placing several strands of the literature on AI and growth within a common framework. We first evaluate models in which AI increases output production, for example via increases in capital’s substitutability for labor…